Economy

By John Ikani African central bank heads are worried about the rising cost of their nations' borrowing, believing it hinders the continent's development potential. They are urging a significant reduction in borrowing costs and plan to...

By John Ikani Nigeria’s money supply has surged to a record high of N101.34 trillion, sparking concerns about rising inflation. The Central Bank of Nigeria (CBN) reported a staggering 56.15 percent increase compared to the same...

By Lucy Adautin A rights group has reported that at least 13 protesters were killed during mass demonstrations against Nigeria's economic crisis, which escalated into violence in several states. Authorities confirmed four deaths from a bomb...

By Enyichukwu Enemanna Tanzanian President, Samia Suluhu Hassan on Thursday flagged off a 541-km modern standard gauge railway project, running between its administrative and commercial capitals. The $3.1 billion project being handled by a Turkish firm...

By Ebi Kesiena Nigeria’s Minister of Information and National Orientation, Mohammed Idris has emphasized economic reforms by the government to turn around the lives of every Nigerian. At a world press conference on Wednesday in Abuja,...

By Lucy Adautin  The Federal Government of Nigeria expended over ₦633.30 billion on electricity subsidies during the first quarter of 2024, according to recent findings. The Nigerian Electricity Regulatory Commission's quarterly report highlighted that this figure...